China shares slump most in 7 months as tightening fears mount
* SSEC -2%, biggest drop since July 2020, CSI300 -2.6%* Materials, consumer shares lead losses* Analyst sees investors rotating out of consumer sharesSHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns…
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